Glass House Brands Inc
Glass House Brands Inc. operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. It cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California. The company owns and operates re… Read more
Glass House Brands Inc (GLASF) - Total Assets
Latest total assets as of September 2025: $319.82 Million USD
Based on the latest financial reports, Glass House Brands Inc (GLASF) holds total assets worth $319.82 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Glass House Brands Inc - Total Assets Trend (2020–2024)
This chart illustrates how Glass House Brands Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glass House Brands Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Glass House Brands Inc's total assets of $319.82 Million consist of 21.3% current assets and 78.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.9% |
| Accounts Receivable | $5.22 Million | 1.7% |
| Inventory | $14.25 Million | 4.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $14.20 Million | 4.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Glass House Brands Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Glass House Brands Inc's current assets represent 21.3% of total assets in 2024, a decrease from 26.6% in 2020.
- Cash Position: Cash and equivalents constituted 10.9% of total assets in 2024, up from 6.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 13.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 4.6% of total assets.
Glass House Brands Inc Competitors by Total Assets
Key competitors of Glass House Brands Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Swedish Orphan Biovitrum AB (publ)
PINK:BIOVF
|
USA | $67.26 Billion |
|
Kamada
NASDAQ:KMDA
|
USA | $378.79 Million |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Kotra Industries Bhd
KLSE:0002
|
Malaysia | RM363.90 Million |
Glass House Brands Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Glass House Brands Inc generates 0.65x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Glass House Brands Inc generates $ 0.17 in net profit.
Glass House Brands Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.24 | 0.82 | 0.94 |
| Quick Ratio | 1.65 | 0.62 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $41.11 Million | $ -14.89 Million | $ -1.14 Million |
Glass House Brands Inc - Advanced Valuation Insights
This section examines the relationship between Glass House Brands Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.40 |
| Latest Market Cap to Assets Ratio | 0.81 |
| Asset Growth Rate (YoY) | 2.2% |
| Total Assets | $310.50 Million |
| Market Capitalization | $252.29 Million USD |
Valuation Analysis
Near Book Valuation: The market values Glass House Brands Inc's assets close to their book value ( 0.81x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Glass House Brands Inc's assets grew by 2.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Glass House Brands Inc (2020–2024)
The table below shows the annual total assets of Glass House Brands Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $310.50 Million | +2.21% |
| 2023-12-31 | $303.77 Million | -12.88% |
| 2022-12-31 | $348.67 Million | +21.03% |
| 2021-12-31 | $288.08 Million | +314.26% |
| 2020-12-31 | $69.54 Million | -- |